COI comet ridge limited

Ann: Bell Potter Unearthed Conference, page-6

  1. 1,138 Posts.
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    yeah I know - that's why I was wondering why you said 6 months? With admin and etc they can run another year or more.

    they clearly state they are looking at various ways to fund the project going forward without CR.

    the licence gives them 2 years to be producing so STO cannot stall forever.

    I'm not saying they are sitting pretty but the guys seem to have a plan and are actively pursuing - even selling the gas that's being flared can produce enough to keep thinks happening for the short term.

    I know you disagree - but these guys are smart operators and I have faith they will raise required funds.

    I do agree they are trading cheaply and there seems to be someone making it so. As reported in that last presentation the sp should now be sitting closer to 25¢.

    Anyway - the clock is ticking and I have faith - the rewards for both of them making this happen are way higher than sitting around getting a static income from their employment- so it defies logic that they would be happy to sit around and just get paid.....
 
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